Mortgage lenders and banks are increasingly refusing to lend money on properties where Japanese Knotweed is present, even if it is a considerable distance from the house. Some lenders are even refusing mortgage applications if there is Knotweed present on a neighbouring property.
DO NOT WORRY! Regardless of what you may have heard, selling or obtaining a mortgage on a Japanese Knotweed affected property, is a relatively easy process. At Landtech (UK) Limited we regularly supply Japanese Knotweed mortgage solutions to meet vendor, buyer and lender requirements.
Yes. As long as a qualified surveyor has identified the Knotweed, provided a report and a Japanese Knotweed management plan (which includes an accurate record of the infestation and how it is to be eradicated), it is possible to get a mortgage.
After an initial survey Landtech (UK) Limited can offer a management plan, covered by a 10 year insurance backed guarantee and designed to your specific requirements, that will result in complete Japanese Knotweed treatment and control. From survey to issuing the warranty can take less than 7 days.